117 E Salisbury St - Office FOR SALE


Pittsboro, NC 27312
$785,000 USD
970-846-2105
117 E Salisbury St, Pittsboro, NC for Sale
$785,000 USD
Office - FOR SALE
1/46
null | Request Cap Rate

117 E Salisbury St
Pittsboro, NC 27312


HIGHLIGHTS

  • Steps from the Pittsboro courthouse circle — the geographic and civic heart of Chatham County
  • 2.9 miles / 8-minute drive to MOSAIC — Chatham Park’s 44-acre mixed-use gateway
  • Two blocks from the entrance to The Vineyards at Chatham Park
  • Disney’s Asteria — a Storyliving by Disney community — broke ground June 2025 within Chatham Park. Over 4,000 homes planned across 1,500 acres.
  • Chatham County unemployment rate: 3.1% | Median household income (3-mile trade area): $96,605

OVERVIEW

A rare opportunity to own a landmark two-story commercial building in the heart of Historic Downtown Pittsboro — positioned at the doorstep of the Triangle's fastest-growing market. At 3,274 square feet, zoned O-I (O?ce and Institutional), and vacant and move-in ready, this property is purpose-built for the professional services owner-user: the attorney, the CPA, the architect, the financial advisor, or the regional operator who wants to own their address rather than rent it. OFFERING SUMMARY 1 24 458 55 1,040 Sale Price: $785,000 Number of Units: Lot Size: 0.242 Acres Building Size: 3,274 SF DEMOGRAPHICS 0.25 MILES 1 MILE 3.5 MILES Total Households 2,973 Total Population 6,506 Average HH Income $98,739 $88,301 $98,272 Downtown Pittsboro is running out of available commercial product. Two comparable sales in 2025 — both smaller, both on Business 64 frontage — transacted between $574 and $834 per square foot. This asset offers nearly double the square footage of either comp at a fraction of the per-foot cost, in a market where Chatham County professional services employment grew 45% year- over-year.

FOR SALE DETAILS

PRICE

$785,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Downtown Office Property

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

O-I

APN/PARCEL ID

0008235

ASK ABOUT THIS PROPERTY

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970-846-2105

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970-846-2105

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